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Jan 2, 2013
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grover norquist joins us now. so you said that voting for this deal which increases taxes on house holds earning more than $450,000 annually would not violate your pledge that lawmakers made to their constituents. help our viewers understand that because lawmakers who signed that pledge they vow to oppose any increasing of tax rates for individuals for businesses. how does the fiscal cliff deal not violate that pledge? >> it's technically not a violation of the pledge. but i understand why a lot of republicans had said, look, even though what's happening is the tax cuts disappear and we're restoring them for most people, so we're not raising taxes, we're actually cutting taxes -- >> you're saying because the bush tax cuts have expired yesterday. >> yes. >> so basically they expired yesterday, so technically these are still tax cuts? >> correct. i understand, and i understand if you're a congressman or senator you've got to go out and convince not me that you've technically not violated the pledge, you have to conv
grover norquist joins us now. so you said that voting for this deal which increases taxes on house holds earning more than $450,000 annually would not violate your pledge that lawmakers made to their constituents. help our viewers understand that because lawmakers who signed that pledge they vow to oppose any increasing of tax rates for individuals for businesses. how does the fiscal cliff deal not violate that pledge? >> it's technically not a violation of the pledge. but i understand...
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Jan 1, 2013
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i have spoken to grover norquist and wolf has spoken to grover norquist more than we have spoken to our families in the last few days. he's making an interesting philosophical point. if we let these guys go ahead with some kind of tax increase on people above $450,000, we can then move the discussion to spending. so far, the spending is a much more complicated part of the deal. it's a much harder deal to make than to arrive at what percentage to charge and at what threshold. the republicans are hoping that this debate that goes on for two months and longer is now going to go to spending. is that a good bet? >> mark that on your fiscal calendar. when jessica said to us the deal with the sequester, which has been the big open question. remember house republicans' questioning of this. when that gets moved to february, we're doing this all over again. maybe there's a chance to get our deficit and debt in line. the downside, we're going to be playing with fire again walking right up by the edge of the cliff. >> the tax rate and how much you tax, that was actually never really a grand bargain
i have spoken to grover norquist and wolf has spoken to grover norquist more than we have spoken to our families in the last few days. he's making an interesting philosophical point. if we let these guys go ahead with some kind of tax increase on people above $450,000, we can then move the discussion to spending. so far, the spending is a much more complicated part of the deal. it's a much harder deal to make than to arrive at what percentage to charge and at what threshold. the republicans are...
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Dec 31, 2012
12/12
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that was a pledge to grover norquist or by grover norquist's organization. he's turned his back on the pledge, peddled by grover norquist and his powerful lobby group, americans for tax reform. latourette says all options need to be on the table to avert a fiscal cliff. he joins us now. congressman latourette it looks like republicans are ready to raise rates on individuals making 400,000 aids ye$400,000 . is that the kind of compromise you had expected to take place? >> no, this is disgusting, quite frankly. and dysfunctional. latourette, by the way, in french, means dysfunctional. i'm used to it. i'll tell you that we find ourselves here after the 73 months that you talked about, and this is as good as it is going to get, it is really ridiculous and everybody here should be hanging their head in shame. >> we feel the same way. we got this fiscal cliff mess as a result of being up against the government's borrowing limit, the debt ceiling in august of 2011. we are expected to hit that debt limit again today. the treasury department says it can keep on payin
that was a pledge to grover norquist or by grover norquist's organization. he's turned his back on the pledge, peddled by grover norquist and his powerful lobby group, americans for tax reform. latourette says all options need to be on the table to avert a fiscal cliff. he joins us now. congressman latourette it looks like republicans are ready to raise rates on individuals making 400,000 aids ye$400,000 . is that the kind of compromise you had expected to take place? >> no, this is...
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Jan 3, 2013
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. >> the debate in washington continues over the fallout from the deal, grover norquist sat down with andrea mitchell yesterday on the "andrea mitchell reports" and insisted that republicans who back the fiscal cliff deal did not vote to raise taxes. >> no republican voted for a tax increase. what happened was obama had this sort of ax over the heads of the american people with a $5 trillion tax increase over the next decade. the republicans are clear. they want the tax cuts extended for everyone. the president is not taking them away from some people. that will hurt the economy. he got his tax increase. but he can't claim republican fingerprints on his tax increase. >> wait a second. i mean we're not living in the alice in wonder land world here. there is a tax increase for wealthier americans. it's literally a tax increase. >> well -- rates are up. >> what happened yesterday was that all the tax rates went up and then the republicans and congress together took them down for some people, not for everybody. >> so d.c. is still mixed on the new law but wall street seems to love it. the
. >> the debate in washington continues over the fallout from the deal, grover norquist sat down with andrea mitchell yesterday on the "andrea mitchell reports" and insisted that republicans who back the fiscal cliff deal did not vote to raise taxes. >> no republican voted for a tax increase. what happened was obama had this sort of ax over the heads of the american people with a $5 trillion tax increase over the next decade. the republicans are clear. they want the tax...
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Dec 29, 2012
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grover norquist, president of americans for tax reform. norquist's pledge signed by almost all republicans in congress forbid signatories from raising taxes ever under any circumstances. things come to a head in the summer of 2011, republicans demand the government reduce the deficit as a condition for raising the nation's debt ceiling. without a deal, the u.s. would lose the ability to borrow money. both democrats and republicans deploy scorch earth tactics that nearly shut down the government and ultimately cost america its aaa credit rating for the first time in history. but in a last-minute compromise, both sides agree to $1 trillion in spending cuts up front and another $1.2 trillion in cuts to be decided by a special congressional super committee. but a poison pill was attached. if the super committee can't reach a deal, automatic across the board cuts known as the sequester would go into effect starting january 2013. at the exact moment when those bush tax cuts extended for two years, if you remember, would expire. so the point is,
grover norquist, president of americans for tax reform. norquist's pledge signed by almost all republicans in congress forbid signatories from raising taxes ever under any circumstances. things come to a head in the summer of 2011, republicans demand the government reduce the deficit as a condition for raising the nation's debt ceiling. without a deal, the u.s. would lose the ability to borrow money. both democrats and republicans deploy scorch earth tactics that nearly shut down the government...
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Dec 28, 2012
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the truth is, grover norquist is not just a guy. he's a guy who heads a lobby group with very powerful resources. one that uses millions of dollars in funding to get candidates elected and get others defeated. that is not democracy at work. that is lobbying money at work. and pledges like this don't make sense in a dynamic economy. we got to give our elected officials the tools and the leeway to do their jobs properly. and not hamstring them with promises that are made in a vacuum. promises that are made without context. so if members of congress, republicans and in particular, were able to free themselves from norquist's shackles, and take a real look at the merits versus the risks of raising taxes, they would see something interesting. while raising taxes is never ideal, the net effect to the economy of increasing the tax burden only on that portion of one's income that is higher than a quarter of a million dollars, by 4.6 percentage points, would have a negligible effect. that's because the proportion of what you need to spend on
the truth is, grover norquist is not just a guy. he's a guy who heads a lobby group with very powerful resources. one that uses millions of dollars in funding to get candidates elected and get others defeated. that is not democracy at work. that is lobbying money at work. and pledges like this don't make sense in a dynamic economy. we got to give our elected officials the tools and the leeway to do their jobs properly. and not hamstring them with promises that are made in a vacuum. promises...
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norquist you know we're not going to raise taxes are going to go up it will be all right oh he's cutting and really a lot of a lot of progressives have wanted this do they want to go off the cliff because they think that they can get a better deal they can get the two fifty number back instead of the four fifty i was wondering i mean if you if you think that that's something that that's good you know i mean obama you know i'm willing to you know as you say abandon his principles but in the eyes of a lot of people i'm willing to compromise i'm willing to say you know what i ran an election saying to fifty would be my top number i'm willing to say four hundred thousand in terms of tax cuts you know but for everyone making below four hundred thousand this was but this is sort of a big deal here because if you haven't. two fifty you're going to raise about eight hundred billion dollars in revenue and if that's the name of the game reducing the deficit than you want you want to raise some you want to reduce the deficit by eight hundred billion dollars that seems like a pretty good deal by rai
norquist you know we're not going to raise taxes are going to go up it will be all right oh he's cutting and really a lot of a lot of progressives have wanted this do they want to go off the cliff because they think that they can get a better deal they can get the two fifty number back instead of the four fifty i was wondering i mean if you if you think that that's something that that's good you know i mean obama you know i'm willing to you know as you say abandon his principles but in the eyes...
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Dec 28, 2012
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they cannot cross over theer threshold that has been built by grover norquist. people who are rich, who make a lot of money, they're not opposing the raising of taxes on them. i the only people in america who don't think taxes should be raised on the rich are the republicans who work in this building. so anytime the speaker and thee republican leader come to the president and say we've got a deal for you, the president's door's always open, and mine is too. >> mr. president -- >> the republican leader. >> i would only add the majority leader's given you his view ofwf the last two years. i've certainly given you my take on it. the american people have spokene and they basically voted for the status quo. the president got reelected, the senate's still in democratic sti hands, and the house is still is republican hands. r the more than people haveep spoken. s the american people have spoken. today obviously expect us to come together and to produce a result. as i indicated, the president id called me and probably called po others last night.rs my impression is he w
they cannot cross over theer threshold that has been built by grover norquist. people who are rich, who make a lot of money, they're not opposing the raising of taxes on them. i the only people in america who don't think taxes should be raised on the rich are the republicans who work in this building. so anytime the speaker and thee republican leader come to the president and say we've got a deal for you, the president's door's always open, and mine is too. >> mr. president -- >>...
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its roots are as old as american politics, but the philosophies main spokesman is this man, grover norquist, president of americans for tax reform. his pledge signed by almost all republicans in congress forbid signatories from raising taxes ever under any circumstances. things come to ahead in the summer of 2011. they demand they reduce deficit as a condition for raising the debt ceiling. without a deal shs the u.s. would lose its ability to borrow money. republicans and democrats deploy tactics that shut down the government and ultimately cost america its aaa credit raid raiting for the first time in history. in a last-minute compromise, both sides agree to a trillion dollars in spending cuts up front and another $1.2 trillion in cuts to be decided by a special super committee. but a poison pill was attached. if the super committee can't reach a deal, automatic across-the-board cuts known as the sequester would go into effect starting january 2013. at the exact moment when the bush tax cuts extended for two years, if you remember, would expire. the point is we could have all seen this com
its roots are as old as american politics, but the philosophies main spokesman is this man, grover norquist, president of americans for tax reform. his pledge signed by almost all republicans in congress forbid signatories from raising taxes ever under any circumstances. things come to ahead in the summer of 2011. they demand they reduce deficit as a condition for raising the debt ceiling. without a deal shs the u.s. would lose its ability to borrow money. republicans and democrats deploy...
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>>fr progressives don't like grover norquist. now a message to washington. >> this shows how incredibly out of touch you are, are you off in la la land and everybody is saying you are acting like a bunch of spoil brats who are more interested in being wririg than doing the right thing for the people who elected you. tyeah, its the galaxy note ii.re great. you can do two things at the same time. you can watch videos and text. or you could watch the earnings report and take notes, like we're supposed to. so... can i get it? yeah. okay either of you put together the earnings report yet? yes, me totally. what? why don't you tackle the next quarter. you eat yet? polynesian? pu pu platter? yup! keep up the good work. i will keep up the good work. do more with the new samsung galaxy note ii. i've always kept my eye on her... but with so much health care noise, i didn't always watch out for myself. with unitedhealthcare, i get personalized information and rewards for addressing my health risks. but she's still going to give me a heart at
>>fr progressives don't like grover norquist. now a message to washington. >> this shows how incredibly out of touch you are, are you off in la la land and everybody is saying you are acting like a bunch of spoil brats who are more interested in being wririg than doing the right thing for the people who elected you. tyeah, its the galaxy note ii.re great. you can do two things at the same time. you can watch videos and text. or you could watch the earnings report and take notes,...
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Dec 29, 2012
12/12
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but today the philosophy's main spokesman is this man, grover norquist. president of americans for tax reform. norquist's pledge, signed by almost all republicans in congress, forbids signatories from raising taxes ever, under any circumstances. things come to a head in the summer of 2011. republicans demand the government reduce its deficit as a condition for raising the nation's debt ceiling. without a deal, the u.s. would lose its ability to borrow money. both democrats and republicans deploy scorched earth tactics that nearly shut down the government and ultimately cost america its aaa credit rating for the first time in history. >>> but in a last minnesota minute compromise, both sides agree to $1 trillion in spending cuts up front, and another $1.2 trillion in cuts to be decided by a special congressional super committee. but a poison pill was attached. if the super committee can't reach a deal, automatic across the board cuts known as the sequester would go into effect, starting january 2013. at the exact moment when those bush tax cuts extended fo
but today the philosophy's main spokesman is this man, grover norquist. president of americans for tax reform. norquist's pledge, signed by almost all republicans in congress, forbids signatories from raising taxes ever, under any circumstances. things come to a head in the summer of 2011. republicans demand the government reduce its deficit as a condition for raising the nation's debt ceiling. without a deal, the u.s. would lose its ability to borrow money. both democrats and republicans...
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Dec 28, 2012
12/12
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grover norquist. president of american's for tax reform. norquist's pledge signed by almost all republicans by congress forbids raising taxes ever under any circumstances. things come to a head in the summer of 2011. republicans demand that the government reduce its deficit as a condition for raising the debt ceiling. both democrats and republicans earth tactics that shut down the government and ultimately cost america its aaa credit rating for the first time in history. but in a last-minute compromise, both sides agree to a trillion dollars in spending cuts up front and another $1.2 trillion in cuts to be decided by a special congressional supercommittee. but a poison pill was attached. if the supercommittee can't reach a deal, automatic across the board cuts known as a sequester would go into effect be at the exact moment when those bush tax cuts extended for two years would expire. so the point is we could have all seen this coming and some of us did. we yelled at the top of our lungs about it but were drowned out by the election. it see
grover norquist. president of american's for tax reform. norquist's pledge signed by almost all republicans by congress forbids raising taxes ever under any circumstances. things come to a head in the summer of 2011. republicans demand that the government reduce its deficit as a condition for raising the debt ceiling. both democrats and republicans earth tactics that shut down the government and ultimately cost america its aaa credit rating for the first time in history. but in a last-minute...
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Jan 3, 2013
01/13
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they had the blessings of grover norquist that this was not -- what you see is not really a tax increase. they didn't have to worry about their pledges. but it was really about their next election. >> bill: it really comes down to a question of priorities, doesn't it? >> it is more than priorities, bill. it is -- it is fundamental. what are you here for? what are you here for? are you here to just guarantee that you're re-elected? and take cautious votes because you want to make sure that you're protecting your personal flank or are you interested in the american people's flank? >> bill: well here's the question then. that's not true of all republicans but it seems -- it is certainly true of those who are driving the train right now in that republican caucus. given that and that those districts, where they came from are unlikely to change, is it even possible to govern these days? >> i think we have to govern. we don't have a choice. but it makes it that much more difficult because this fiasco we've just gone through is going to be repeated. we're going to lurch forward from one crisis t
they had the blessings of grover norquist that this was not -- what you see is not really a tax increase. they didn't have to worry about their pledges. but it was really about their next election. >> bill: it really comes down to a question of priorities, doesn't it? >> it is more than priorities, bill. it is -- it is fundamental. what are you here for? what are you here for? are you here to just guarantee that you're re-elected? and take cautious votes because you want to make...
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Dec 31, 2012
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we'll speak with grover norquist about the likelily hood of a deal in washington. welcome to chevy's year-end event. so, the 5.3-liter v8 silverado can tow up to 9,600 pounds? 315 horsepower. what's that in reindeer-power? [ laughs ] [ pencil scratches ] [ male announcer ] chevy's giving more. now through january 2nd, no monthly payments until spring for qualified buyers. get the silverado for 0% apr financing for 60 months plus $1,000 holiday bonus cash. plus trade up for an additional $1,000 trade-in allowance.
we'll speak with grover norquist about the likelily hood of a deal in washington. welcome to chevy's year-end event. so, the 5.3-liter v8 silverado can tow up to 9,600 pounds? 315 horsepower. what's that in reindeer-power? [ laughs ] [ pencil scratches ] [ male announcer ] chevy's giving more. now through january 2nd, no monthly payments until spring for qualified buyers. get the silverado for 0% apr financing for 60 months plus $1,000 holiday bonus cash. plus trade up for an additional $1,000...
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Dec 27, 2012
12/12
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house congressman steve latourette, by the way someone who has repudiated grover norquist's pledge joins us next. >>> and mark zuckerberg's sister confused about facebook's privacy settings. we'll have the details of that ahead. people really love snapshot from progressive, but don't just listen to me. listen to these happy progressive customers. i plugged in snapshot, and 30 days later, i was saving big on car insurance. with snapshot, i knew what i could save before i switched to progressive. the better i drive, the more i save. i wish our company had something this cool. you're not filming this, are you? aw! camera shy. snapshot from progressive. test-drive snapshot before you switch. visit progressive.com today. time for citi price rewind. because your daughter really wants that pink castle thing. and you really don't want to pay more than you have to. only citi price rewind automatically searches for the lowest price. and if it finds one, you get refunded the difference. just use your citi card and register your purchase online. have a super sparkly day! ok. [ male announcer ] now a
house congressman steve latourette, by the way someone who has repudiated grover norquist's pledge joins us next. >>> and mark zuckerberg's sister confused about facebook's privacy settings. we'll have the details of that ahead. people really love snapshot from progressive, but don't just listen to me. listen to these happy progressive customers. i plugged in snapshot, and 30 days later, i was saving big on car insurance. with snapshot, i knew what i could save before i switched to...